Tuesday, June 28, 2022


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Gaming industry produces more than half of Macau’s GDP


The Statistics and Census Bureau (DSEC) announced on Wednesday that gaming and junket businesses now produced 50.5 percent of Macau gross domestic product (GDP) at producers’ prices.

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SEA internet economy to reach $240 bln by 2025


The Southeast Asia internet economy is set to reach over $240 billion by 2025, driven by a highly engaged internet user base, according to a report fr

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Macau economy grows 1.6 pct in 18Q3


Macau recorded a 1.6 percent increase in GDP in the third quarter of 2018, with slower paced growth due mainly to a slowdown in growth in exports of s

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Macau GDP boosted by gaming and tourism services growth


Macau gross domestic product (GDP) grew by 7.6 percent year-on-year in the first half of 2018, driven by increased exports of gaming and tourism servi

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Fitch maintains Macau AA- rating


Fitch Ratings is expecting Macau’s GDP to grow 2.5 percent in 2017, supported by improving gaming revenues from new resort openings. In a note on Mo

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Macau GDP figures see improvement in 16Q2


Macau’s gross domestic product (GDP) slumped 7.1 percent for the second quarter of the year, according to the latest data released by the Statistics

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Macau economy bottoming out: Monetary Authority


Macau’s economic contraction may be bottoming out as the gaming industry begins to stabilize, says the Monetary Authority of Macau in its latest qua

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Macau real GDP to contract 5.9 percent: EIU


Macau’s real GDP will contract by 5.9 percent this year, said the Economist Intelligence Unit (EIU) in a report published on Monday. “We continue

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Macau GDP down 13.3 percent


Macau’s gross domestic product (GDP) shrank by 13.3 percent year-on-year in the first quarter, according to the latest data from the Statistics and

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Moody’s to consider downgrading Macau’s Aa2 rating


Moody's Investors Service says it will be reviewing Macau’s Aa2 government issuer rating, with the view to lower it due to declining gaming revenues

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Fitch gives Macau ‘AA-’ rating, says outlook stable


Fitch Ratings has affirmed Macau’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'AA-' with a Stable Outlook, according to

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Macau fourth quarter GDP down 14.4 percent


Macau’s fourth quarter GDP fell 14.4 percent in 2015, caused by the continuous decline of inbound tourism and gaming services due to China’s anti-

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Smoking lounges could stem potential GDP decline: KPMG


If smoking lounges in Macau casinos are retained the city’s GDP may only decrease by 0.71 percent compared with a potential decline of 16 percent if

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Macau GDP to fall 16 percent in 2015: Fitch


Fitch Ratings expects Macau's economy to shrink by 16 percent year-on-year in real terms in 2015 after a 15Q2 GDP quarter-on-quarter decline of 6.4 pe

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Macau economy to shrink 15 percent in 2015


Macau’s Monetary Authority predicts the economy will contract by around 15 percent this year, following a 24.5 percent gross domestic product (GDP)

Macau top economy in Asia-Pacific in 2014


Macau was the top-performing metropolitan economy in Asia-Pacific in 2014, according to a survey by the Washington-based Brookings Institution. The ci

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Macau economy to grow again in 2016: EIU


The Economist Intelligence Unit has predicted Macau’s economy will start growing again in 2016, with real growth of 5.3 percent, according to the la

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Macau negative economic growth to narrow in 15Q2 and 15Q3


A Bank of China think tank expects negative economic growth for 15Q2 and 15Q3 to narrow as gross gaming revenues stabilize after 12 months of declines

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Macau economy shrinks nearly 25 percent in 15Q1


Macau’s economy shrank 24.5 percent in the first quarter of 2015 compared to the same period the year before, and down further from the 17.2 percent

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